WK Kellogg Co Increases Dividend for Shareholders with New Rate Announcement

WK Kellogg Co Increases Quarterly Dividend



WK Kellogg Co, a renowned name in the food industry, has announced a favorable change for its shareholders. The company's Board of Directors has approved a 3% increase in its quarterly dividend, bringing it to $0.165 per share from the previous $0.16. This increase represents a commitment to providing value to its investors and showcases Kellogg's ongoing dedication to maintaining a strong financial standing.

The new dividend rate will be payable on March 14, 2025, to those who hold shares as of the close of business on February 28, 2025, which is crucial for investors to note as it marks the ex-dividend date as well. This announcement underscores WK Kellogg Co's strategy of rewarding its shareholders consistently, even in fluctuating market conditions.

WK Kellogg Co's journey in the food industry began in 1894, rooted in the innovative spirit of its founder, W.K. Kellogg. The introduction of Corn Flakes was a significant turning point in breakfast foods, setting the stage for the brand’s long-standing tradition of innovation and quality. Some of the most beloved products under the Kellogg brand include Frosted Flakes®, Rice Krispies®, Froot Loops®, and more, making them staples in households across North America.

Kellogg's popular characters like Tony the Tiger® and Toucan Sam® not only embody the brand's identity but also foster deep connections with consumers. These mascots have become iconic representations of the Kellogg commitment to quality and fun, further enhancing its market presence.

The company’s philosophy, embodied in the

Topics Financial Services & Investing)

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